
DA
day trading
Rep: 39,586
Posts: 6,369
Originally posted by ETM
Could someone give me a guideline for the latest time I can trade the old contract.
Technically you can trade it right up until the expiration date of 9/21/2012.
BR
BruceM
Rep: 216,211
Posts: 19,895
that's me gone at 39.50...who said there is no such thing as luck in trading ?? was almost taken out by one tic below but wasn't.....LUCKY!!
BK
bkay59
Rep: 2,620
Posts: 497
Originally posted by BruceMLuck or a little pay back for the times you got screwed?
that's me gone at 39.50...who said there is no such thing as luck in trading ?? was almost taken out by one tic below but wasn't.....LUCKY!!
BR
BruceM
Rep: 216,211
Posts: 19,895
Great point Bkay... we need to look at our trades and trading over a large sample size to see where we need improvement...for example are we getting stopped out too often and need to adjust our stop placement on runners...? are we staying in trades too long ? are we finding that most of our losers are from short trades ? are they from long trades?
BK
bkay59
Rep: 2,620
Posts: 497
Agreed Bruce, all kidding aside on the Luck comment. You placed your stop for a reason, I assume the volume at 35.75 gave an indication that it would form some support, if it goes through, your out. In this case you got the bounce you anticipated and it paid off. What's the saying, Luck is 50% preparation and 50% perspiration?
BR
BruceM
Rep: 216,211
Posts: 19,895
perfect bkay...well said and the exact reason my stop was where it was !!
BR
BruceM
Rep: 216,211
Posts: 19,895
watching the volume flow into the 47.75 and my current short zone area..I am not convince that they won't go back to the big volume at 1443 and even 1437 area by days end